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Cormark Has Positive Forecast for Eldorado Gold Q4 Earnings

Eldorado Gold logo with Basic Materials background

Eldorado Gold Co. (TSE:ELD - Free Report) NYSE: EGO - Research analysts at Cormark lifted their Q4 2024 earnings estimates for shares of Eldorado Gold in a research report issued to clients and investors on Thursday, January 16th. Cormark analyst R. Gray now expects that the company will earn $0.82 per share for the quarter, up from their previous forecast of $0.70. The consensus estimate for Eldorado Gold's current full-year earnings is $2.15 per share. Cormark also issued estimates for Eldorado Gold's Q1 2025 earnings at $0.50 EPS, Q2 2025 earnings at $0.58 EPS, Q3 2025 earnings at $0.59 EPS, Q4 2025 earnings at $1.21 EPS and FY2025 earnings at $2.88 EPS.

A number of other research analysts have also commented on ELD. National Bankshares lowered their price objective on Eldorado Gold from C$28.00 to C$27.00 and set an "outperform" rating on the stock in a report on Wednesday. Stifel Nicolaus lowered their price target on Eldorado Gold from C$28.00 to C$27.00 in a report on Monday, November 25th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$23.61.

Read Our Latest Stock Analysis on Eldorado Gold

Eldorado Gold Stock Up 0.1 %

Eldorado Gold stock traded up C$0.03 during mid-day trading on Friday, hitting C$20.99. 207,336 shares of the company's stock were exchanged, compared to its average volume of 315,561. Eldorado Gold has a 1-year low of C$13.10 and a 1-year high of C$26.32. The stock has a 50 day moving average of C$22.31 and a two-hundred day moving average of C$22.84. The company has a current ratio of 3.62, a quick ratio of 2.28 and a debt-to-equity ratio of 20.85. The stock has a market cap of C$4.30 billion, a P/E ratio of 17.49, a P/E/G ratio of 56.20 and a beta of 1.22.

About Eldorado Gold

(Get Free Report)

Eldorado Gold Corp is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill and Certej projects.

See Also

Earnings History and Estimates for Eldorado Gold (TSE:ELD)

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